Aster Capital Management DIFC Ltd Sells 71,983 Shares of AT&T Inc. $T

Aster Capital Management DIFC Ltd cut its holdings in AT&T Inc. (NYSE:TFree Report) by 84.9% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 12,830 shares of the technology company’s stock after selling 71,983 shares during the quarter. Aster Capital Management DIFC Ltd’s holdings in AT&T were worth $362,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in T. Front Row Advisors LLC bought a new position in shares of AT&T in the second quarter worth about $25,000. Mountain Hill Investment Partners Corp. increased its holdings in shares of AT&T by 363.7% in the third quarter. Mountain Hill Investment Partners Corp. now owns 895 shares of the technology company’s stock valued at $25,000 after purchasing an additional 702 shares in the last quarter. GGM Financials LLC bought a new position in AT&T in the 3rd quarter worth approximately $25,000. Legacy Investment Solutions LLC acquired a new position in AT&T during the 2nd quarter worth $32,000. Finally, Cloud Capital Management LLC bought a new position in AT&T in the 3rd quarter valued at $31,000. Institutional investors and hedge funds own 57.10% of the company’s stock.

AT&T Price Performance

AT&T stock opened at $27.97 on Friday. The company has a current ratio of 0.91, a quick ratio of 0.86 and a debt-to-equity ratio of 1.00. The firm has a market capitalization of $195.79 billion, a P/E ratio of 9.17, a PEG ratio of 1.02 and a beta of 0.39. The business has a 50-day moving average of $25.63 and a 200-day moving average of $26.37. AT&T Inc. has a 1 year low of $22.95 and a 1 year high of $29.79.

AT&T (NYSE:TGet Free Report) last announced its quarterly earnings results on Wednesday, January 28th. The technology company reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.46 by $0.06. The business had revenue of $33.47 billion for the quarter, compared to the consensus estimate of $32.91 billion. AT&T had a net margin of 17.47% and a return on equity of 12.33%. AT&T’s revenue for the quarter was up 3.6% on a year-over-year basis. During the same period last year, the company posted $0.43 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, equities analysts anticipate that AT&T Inc. will post 2.14 EPS for the current year.

AT&T Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, February 2nd. Stockholders of record on Monday, January 12th were issued a $0.2775 dividend. The ex-dividend date of this dividend was Monday, January 12th. This represents a $1.11 annualized dividend and a dividend yield of 4.0%. AT&T’s payout ratio is 36.39%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on T shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $33.00 target price on shares of AT&T in a research report on Thursday, January 29th. Loop Capital set a $29.00 price objective on AT&T in a report on Friday, December 19th. Arete Research set a $20.00 target price on shares of AT&T in a research report on Tuesday, January 6th. Wolfe Research cut shares of AT&T from an “outperform” rating to a “peer perform” rating in a research report on Monday, December 15th. Finally, Williams Trading set a $32.00 price target on shares of AT&T in a research note on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $29.93.

Check Out Our Latest Stock Report on T

AT&T News Summary

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AT&T Profile

(Free Report)

AT&T Inc is a global telecommunications company that provides a broad range of communications and digital entertainment services. Its core activities include consumer and business wireless services, broadband and fiber internet, and network infrastructure. The company operates branded wireless services through AT&T Mobility and deploys fixed-line and fiber networks to deliver high-speed internet and related home services.

AT&T’s product and service portfolio spans mobile voice and data plans, smartphones and device sales, home internet (including fiber-to-the-home where available), and managed connectivity solutions for enterprise customers.

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Institutional Ownership by Quarter for AT&T (NYSE:T)

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